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20110727
20110727
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WRC (NBC) 1
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NBC
Jul 27, 2011 11:00am EDT
increase in the debt limit. >> reporter: but then a big setback tuesday night. the congressional budget office did the math and found the boehner plan came up short on spending cuts. $150 billion less than expected. speaker boehner responded, "this is what can happen when you have an actual plan and submit it for independent review -- which the democrats who run washington have refused to do." a real hurdle. house republicans stayed late and top aides went in search of deeper cuts. the vote delayed. more trouble came from an agency that rates the country's credit. appearing on cnbc tuesday night, standard & poor's was critical of the boehner plan's two stages for raising the debt limit. >> we would be concerned if we thought that the debt ceiling debate would come back and be opened and we'd have to go through all of this again and again and again. >> and that would be a negative in your view? >> that would be a negative in our view. >> reporter: the white house urged congress to take the deadline seriously. >> but it is whistling past the graveyard to suggest that this is some s
Search Results 0 to 0 of about 1